SnoopDog
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Mon Sep-29-08 01:19 PM
Original message |
With 8 years of Bush/Republicans, the DOW is lower today than in 2001. |
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In January 2001, the DOW was about 10,646. Today it is 10,618.
This is the real economic story.
We are loosing jobs, we don;t make anything anymore, we are being thrown out of our homes.
What we really need to do is to take that $700 billion and put people to work and put Solar Water Heaters on every home and business in America.
I say that is a better use of the money.
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stopbush
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Mon Sep-29-08 01:25 PM
Response to Original message |
1. Adjusted for inflation, the Dow is 17% lower now than it was under Bill. |
indepat
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Mon Sep-29-08 03:33 PM
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5. And if adjusting for loss in purchasing power of the dollar, the Dow is now down some 40-or-so% |
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in reality. Oh, the joys of 'puke governance: I strongly suspect a 'puke victory in November judging from the McCain-Palin signs in my neighborhood. It is incredible that so many are so blinded by the right that they will gladly settle for four more years of economic calamity and occupation of Iraq. Well, it couldn't happen to a loverly bunch of coconuts. :headbang: :puke: :cry: :P
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Roland99
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Mon Sep-29-08 01:28 PM
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2. S&P and NASDAQ have been under Jan. 2001 levels for a long time already |
moodforaday
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Mon Sep-29-08 02:14 PM
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SnoopDog
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Mon Sep-29-08 02:34 PM
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4. I also think that Wall St is selling on purpose... |
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They didn't get their $700 Billion ransom - they will tell their brokers to sell...
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DU
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Thu May 02nd 2024, 02:26 PM
Response to Original message |